The rapid industrialization and technological advancements have paved way to many things out of which the era of SMART CITY will surely be etched in gold letters and would go onto the history for sure. We exactly don’t know how and when this Smart City concept came on to the cards although ECO-U-CITY in South Korea entered news as a first-ever smart city. This concept is slowly changing the way infrastructure enterprises are going to remodel themselves.
We are just at the beginning of the IoT era where internet is leveraged to connect multiple devices for seamless connectivity on the go. With the emergence of IoT, civil infrastructure companies made use of the sensors in a deep foundation that would help engineers monitor the health of the structures. And soon, we would witness these companies swinging into laying bridges, roads and setting up traffic signals that would seamlessly support the self-driven/ automated/ unmanned motor vehicles.
The impact of smart cities on the civil infrastructure industry:
According to several reports, by 2040, smart vehicles would dominate the transport industry and the growing popularity would undoubtedly have a massive impact on civil infra sector. The reports indicated that the road widening projects are likely to be rolled off that would lead to something called infrastructure dividend.
- Parking Garages: Going forward the existing parking lots would not be used as the self-driven cars would have the ability to park themselves efficiently. So, the current system of the slope to get into the garage would be redesigned and more cars would be accommodated as the need for opening the doors would cease.
- Road-Widening: As mentioned earlier, road widening projects would cease to exist due to rising in the roadway efficiency.
- Law Enforcement: According to AA Mid-Atlantic, at least 773 tickets were issued by the law enforcement bodies in Washington DC in the recent past that amounted to over $37mn for traffic violations. Since self-driven cars are programmed to meet
- traffic regulations, the need for law enforcement and even the signals would apparently vanish.
- Insurance: The insurance claims due to accidents, which occur because of human errors, would eventually disappear as the scope of road accidents through automated cars is near zero, according to the auto manufacturers.
While smart cities have their own merits, a major concern that’s being widely debated is cyber security. To understand that same, ISACA conducted smart city research. While 15% of respondents said that smart cities would be truly beneficial that would be equipped with top-notch smart infrastructure, 71% of them felt that malware/ ransomware would have a negative impact. They have also said that 76% of attacks would be on cyber industry, 70% on communications and 62% on financial services.